Ameritas Advisory Services LLC Buys 4,319 Shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP)

Ameritas Advisory Services LLC grew its stake in shares of Invesco Variable Rate Preferred ETF (NYSEARCA:VRP) by 8.1% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 57,769 shares of the company’s stock after acquiring an additional 4,319 shares during the quarter. Ameritas Advisory Services LLC’s holdings in Invesco Variable Rate Preferred ETF were worth $1,384,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of the stock. MFA Wealth Advisors LLC boosted its stake in shares of Invesco Variable Rate Preferred ETF by 2.2% in the 2nd quarter. MFA Wealth Advisors LLC now owns 22,515 shares of the company’s stock valued at $539,000 after purchasing an additional 490 shares in the last quarter. J. W. Coons Advisors LLC increased its holdings in shares of Invesco Variable Rate Preferred ETF by 2.8% during the fourth quarter. J. W. Coons Advisors LLC now owns 28,465 shares of the company’s stock worth $657,000 after buying an additional 780 shares in the last quarter. Sound Income Strategies LLC lifted its stake in shares of Invesco Variable Rate Preferred ETF by 33.4% in the 1st quarter. Sound Income Strategies LLC now owns 3,996 shares of the company’s stock valued at $95,000 after acquiring an additional 1,000 shares during the last quarter. Evolution Wealth Advisors LLC boosted its holdings in shares of Invesco Variable Rate Preferred ETF by 0.3% during the 1st quarter. Evolution Wealth Advisors LLC now owns 436,032 shares of the company’s stock valued at $10,364,000 after acquiring an additional 1,137 shares in the last quarter. Finally, Retirement Group LLC boosted its stake in shares of Invesco Variable Rate Preferred ETF by 14.5% during the first quarter. Retirement Group LLC now owns 9,179 shares of the company’s stock valued at $218,000 after purchasing an additional 1,164 shares in the last quarter.

Invesco Variable Rate Preferred ETF Stock Performance

Shares of NYSEARCA:VRP traded up $0.02 during midday trading on Friday, hitting $24.19. 103,883 shares of the stock were exchanged, compared to its average volume of 390,165. The business’s 50-day moving average price is $24.01 and its 200 day moving average price is $23.81. Invesco Variable Rate Preferred ETF has a 12 month low of $21.60 and a 12 month high of $24.24.

Invesco Variable Rate Preferred ETF Company Profile

The Invesco Variable Rate Preferred ETF (VRP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks a market-value-weighted index of variable- and floating-rate preferred stocks. VRP was launched on May 1, 2014 and is managed by Invesco.